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  • Nov 13- Oilfield services provider Halliburton Co and rival Baker Hughes Inc are in preliminary talks on a potential merger, Baker Hughes said in a statement on Thursday. The statement said the discussions "may or may not lead to any transaction" but two people familiar with the matter said Halliburton was in talks to buy Baker Hughes. "Baker Hughes Incorporated...

  • Nov 12- Merger talks between Allergan Inc and white knight Actavis Plc are focused on narrowing a gap of about $3 billion between what has been offered and what is wanted, Bloomberg reported on Wednesday. Actavis is willing to pay around $200 per share, or $60 billion, while Allergan wants more than $210 per share, Bloomberg said. The amended laws now include a...

  • NEW YORK, Nov 12- At least two top-10 Yahoo Inc shareholders are so unhappy with Chief Executive Marissa Mayer's turnaround efforts that they are making a direct plea to AOL Inc CEO Tim Armstrong to explore a merger and run the combined company. Their move follows an activist campaign by hedge fund Starboard Value LP, which is pushing Yahoo to consider a deal with...

  • Obama sparks fears over Comcast-Time Warner deal Tuesday, 11 Nov 2014 | 12:26 PM ET
    President Barack Obama

    President Obama's push for net neutrality has investors worried that Comcast will walk away from its bid for Time Warner Cable.

  • LISBON, Nov 11- Brazil telecom company Oi issued a tough rejection of a bid for its merger partner Portugal Telecom on Tuesday, saying Angolan entrepreneur Isabel dos Santos' offer, which would prevent Oi from selling assets to a rival party, was "unacceptable." Dos Santos launched the bid for Portugal Telecom, a holding company with a 25.7 percent stake in the...

  • LISBON, Nov 10- Brazilian telecom company Oi said on Monday it would push ahead with plans to take over the operational assets of Portugal Telecom, dismissing a gambit by Angolan businesswoman Isabel dos Santos that could scupper the deal. Oi announced last year a deal to merge with Portugal Telecom's phone and cable TV networks. But dos Santos, who is listed by...

  • NEW YORK, Nov 9- American Airlines Group Inc flight attendants narrowly rejected a joint labor contract on Sunday, in a defeat following the merger of American and the former US Airways last year that brought together a combined workforce of some 24,500 U.S.-based stewards. The contract was defeated by 16 votes, according to the Association of Professional...

  • Want a job? We'll buy your company: Tech giants Sunday, 9 Nov 2014 | 12:00 PM ET
    Yahoo! headquarters in Sunnyvale, Calif.

    Some investors are taking aim at "acqui-hiries"—the trend of a big company buying a start-up for the sake of raiding its talent.

  • BOSTON, Nov 7- Valeant Pharmaceuticals International Inc can pay "substantially" more for Allergan Inc and should get a fair shot at buying it, William Ackman, the Botox maker's biggest shareholder, said on Friday. Ackman wrote to Allergan's board the day after the company said it was discussing a merger with another company, widely reported to be Actavis, to fend...

  • BOSTON, Nov 7- Valeant Pharmaceuticals International Inc can pay "substantially" more for Allergan Inc and should get a fair shot at buying it, William Ackman, the Botox maker's biggest shareholder, said on Friday. Ackman said this in a letter to Allergan's board the day after the company said it was discussing a merger with another company, widely reported to be...

  • *Telecom Italia CEO says "mandatory" to explore deal with Oi. *Brazil remains strategic, but sale of local unit possible. MILAN, Nov 7- Telecom Italia must explore the possibility of buying or merging with Brazilian telecoms operator Oi, CEO Marco Patuano said on Friday, as the company tries to strengthen the position of its local subsidiary.

  • LONDON, Nov 7- British Airways owner IAG laid out plans to pay a maiden dividend, coming of age three years after it was created in a merger between BA and Spain's Iberia. International Airlines Group said it was confident of increasing profit by more than 10 percent a year between 2016 and 2020, on top of significant growth this year and next. BA and Iberia sealed an...

  • LONDON, Nov 6- AstraZeneca, which saw off a $118 billion bid from Pfizer in May, said quarterly results showed its standalone strength, while recent U.S. tax changes removed much of the case for a new takeover attempt. Chief Executive Pascal Soriot, who has fought hard to prove AstraZeneca does not need the kind of mega-merger offered by Pfizer, said he would use the...

  • BOSTON, Nov 5- Hedge fund Elliott Associates may take legal action against pharmaceuticals company AbbVie Inc for scuttling a merger deal with Shire Plc. Elliott said in a quarterly letter to investors that it was disappointed when AbbVie's board withdrew its support for the deal in October after executives had signaled strong interest in late September.

  • WASHINGTON, Nov 4- When Marcelo Claure took the top job at Sprint Corp two months ago, he faced an uphill climb in turning around the No. 3 U.S. cellular provider. The Bolivian entrepreneur, who was installed as CEO after the collapse of merger talks with T-Mobile US Inc, already faced the task of stemming growing subscriber defections as the company seeks to upgrade...

  • The wealth funds clinching the most deals are Tuesday, 4 Nov 2014 | 12:12 AM ET

    Singapore's Temasek and GIC were the most active sovereign wealth funds last year, closing deals even as their peers' efforts slackened, a report said.

  • WASHINGTON, Nov 3- The U.S. Justice Department on Monday filed a lawsuit to block National CineMedia Inc's proposed $375 million acquisition of smaller rival Screenvision LLC, a deal that would significantly concentrate a niche advertising market. National CineMedia's shares were down 22 percent on Monday, after being halted prior to the Justice...

  • *Publicis aims to boost growth after failed Omnicom merger. The French group is hoping rapid growth in both North American and Internet advertising, which are far outpacing European and traditional ad formats, will help it catch up with sales gains at rivals such as WPP and Interpublic. Chief Executive Maurice Levy has blamed Publicis' recent poor performance...

  • LISBON, Nov 3- Telecoms group Altice SA has made a bid worth 7.03 billion euros for the Portuguese operations of Brazil's Oi as Oi unwinds its troubled merger with Portugal Telecom. Oi's new interim chief executive, Bayard Gontijo, said last month that the company could sell Portuguese assets acquired with its takeover of Portugal Telecom in order to pay down...

  • *Disposals needed for regulatory approval of Lafarge merger. ZURICH, Nov 3- Switzerland's Holcim has received more than 60 bids for assets it must sell to win regulatory approval for a merger with Lafarge, the cement company said as it reported third-quarter results that missed expectations. Sales and profit were hurt by a weaker than expected recovery in...